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Optimism at Japanese companies is on the rise for the first time in 18 months

Optimism at Japanese companies is on the rise for the first time in 18 months, thanks to a rebound in exports on a weakened yen. The election of Donald Trump brought a big slide in the currency, breathing new life into the country’s drive to escape deflation and boosting the BOJ’s Tankan survey. Sentiment at large manufacturers rose from +6 to +10 in December, while the index for all companies increased from +5 to +7.

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